8131 Maddox StDallas, TX 75217
- Retail properties
- 1,144 SF
Property Details for 8131 Maddox St
- Year built
- 1946
- Construction
- FRAME
- Lot size
- 0.23 AC
- Property size (Sq ft)
- 1,144 SF
- Zone code
- Z239
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 567466000000
- APU
- 567466000000
Description
This 1,418 square-foot vacant commercial property, located at 8131 Maddox St, Dallas, TX 75217, presents a compelling value-add investment opportunity. The single-story, 1946-built structure sits on a 0.23-acre lot and is classified as a Class D building with Planned Development zoning. Currently vacant, the property offers significant potential for redevelopment or repurposing. Its strategic location on Maddox Street, across from Pleasant Grove Stadium, ensures high visibility and traffic exposure, exceeding 30,000 vehicles daily. Convenient access to Loop 12 and proximity to US-175 further enhance its appeal. The property's versatility, stemming from its auto shop, flex, and storefront subtypes, allows for a range of uses. With an occupancy date of October 5, 2024, this property is ready for immediate action. The property's APN is 00000567466000000. This is a rare chance to acquire a well-positioned commercial property in a high-traffic area of Dallas County, Texas. The property is ideal for investors seeking a value-add project with significant upside potential.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $311,527
- 6.5%
- $287,564
- 7%
- $267,023
-
Comparable approach
- Method
- Valuation
- Relative Method
- $354,725
- Geo Method
- $863,105
-
Alternative Use
- Use
- Valuation
- Residential
- $242,571
- Hospitality
- $222,194
- Educational
- $184,862
- Medical
- $191,220
- Retail
- $287,564
Location Insight
- City
- Dallas
- County
- Dallas
- State
- Texas
- Latitude
- 32.7331
- Longitude
- -96.6815
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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